Internet Marketing to Wealth

Most people will ask how do you do it? What does it take to create wealth with an internet marketing business? I am sure you can read hundreds of articles and each person will tell you their viewpoint of how to do this. There are hundreds and thousands of people online that have built successful Internet marketing businesses, and they all will tell you how they did it and the system that made them successful.

The meaning of Internet marketing to me is simply marketing information or products on the Internet. I use a simple definition for wealth; it is building enough passive or portfolio income to cover your monthly expenses then you are wealthy; to me you are at the beginning of building wealth.

So if you ask an expert that ran a newspaper what is the best form of marketing he will probably tell you newspaper ads; and if you asked a TV person what is the best form of marketing he would probably tell you through television advertising. Internet marketing has many ways of advertising, or getting traffic to build your list. Everything in Internet marketing is about building a list of loyal subscribes that converts into sales; and new people joining your list that converts into sales.

Simply, if your monthly expenses are $3000 you need to generate about $6000 a month or more before you should leave your job. Then $3000 would pay your bills and $3000 would go into investments like stocks, bonds, mutual funds, or into your internet marketing business. I've heard it said many times that most people in America are just a couple of paychecks away from bankruptcy because we do not save any more; and we are not taught how to have money work for us. So to me that is the plan for internet marketing to wealth.

Now let's say you are selling a e-book that you make $47 on each time you sell it. How many sales would you need to make $6,000 in a month? It works out to about 127 sales; then you have to think about your conversion rate, which simply means how many people that come to your website that are converted into buyers. That means you would need 12,700 visitors to come to your site with a 1% conversion rate to make 127 sales. This is the beginning of the Internet marketing to wealth for each of us, because once you get to this point you can focus totally on your business; because you never have to worry about paying your bills again. I challenge you to play with the numbers more than just this one example.

The truth is people are making $15,000, $20,000, and some even $100,000 or more each month with their Internet marketing businesses. So we all have the ability to build a system like this one, this is what I call Internet marketing to wealth.